TransDigm Group Incorporated (TDG) reported fourth-quarter fiscal 2024 adjusted earnings of $9.83 per share, which beat the Zacks Consensus Estimate of $9.24 by 6.4%. The bottom line also improved 22.4% from the prior-year quarter’s reported figure of $8.03.See the Zacks Earnings Calendar to stay ahead of market-making news. Barring one-time items, the company recorded GAAP earnings of $5.80 per share compared with $7.23 in the year-ago quarter.The year-over-year decline in the bottom line was due to divide ...

TransDigm Group (TDG) came out with quarterly earnings of $9.83 per share, beating the Zacks Consensus Estimate of $9.24 per share. This compares to earnings of $8.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.39%. A quarter ago, it was expected that this aircraft components maker would post earnings of $8.45 per share when it actually produced earnings of $9, delivering a surprise of 6.51%.Over the last four quarters, ...

CLEVELAND, Nov. 7, 2024 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the fourth quarter ended September 30, 2024.Fourth quarter highlights include: Net sales of $2,185 million, up 18% from $1,852 million in the prior year's quarter; Net income of $468 million, up 13% from the prior year's quarter; Earnings per share of $5.80; EBITDA As Defined of $1,149 million, up 19% from $963 ...

Core Insights - TransDigm Group Incorporated (TDG) is expected to report its fourth-quarter fiscal 2024 results on November 7, with a trailing four-quarter average earnings surprise of 8.46% indicating positive growth trends in commercial air travel and strong defense sales [1] Segment Performance - The Power & Control segment is anticipated to show robust performance, with revenues estimated at $1.08 billion, reflecting a 17.9% increase from the previous year, driven by strong sales in the commercial aftermarket and improved OEM sales due to recovery in aircraft demand [2][3] - The Airframe segment is also expected to report revenue growth, with estimates at $1.02 billion, indicating a 15% increase from the prior-year quarter, supported by strong air travel growth and rising demand for defense products [4] Overall Financial Performance - The overall revenue for TDG is projected at $2.16 billion, representing a 16.8% improvement from the previous year, driven by strong sales from its primary segments, which account for approximately 97% of total revenues [5] - The strong top line is likely to enhance overall margin performance, contributing positively to the quarterly bottom line, with earnings estimated at $9.25 per share, a 15.2% increase from the year-ago figure [6] Earnings Prediction - The Earnings ESP for TDG stands at -2.92%, and it currently holds a Zacks Rank of 3, indicating that the model does not predict a definitive earnings beat for this quarter [7]

CLEVELAND, Oct. 28, 2024 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG) today said it will report fiscal 2024 fourth quarter earnings before the market opens on Thursday, November 7, 2024.A conference call will follow at 11:00 a.m., Eastern Time. To join the call telephonically, please register for the call here. Once registered, participants will receive the dial-in information and a unique pin to access the call. A live audio webcast of the call can also be accessed online at http://www.transdig ...

Core Viewpoint - The article highlights TransDigm Group (TDG) as a promising growth stock, supported by its strong earnings and cash flow growth, as well as positive earnings estimate revisions, making it a solid choice for growth investors [2][9]. Earnings Growth - TransDigm has a historical EPS growth rate of 14.7%, with projected EPS growth of 21.5% for the current year, surpassing the industry average of 16.8% [5]. Cash Flow Growth - The company exhibits a year-over-year cash flow growth of 47.7%, significantly higher than the industry average of 7.6%. Its annualized cash flow growth rate over the past 3-5 years stands at 8.3%, compared to the industry average of 5.4% [6][7]. Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for TransDigm, with the Zacks Consensus Estimate for the current year increasing by 1.4% over the past month [8]. Overall Assessment - TransDigm has achieved a Growth Score of B and holds a Zacks Rank 2 due to favorable earnings estimate revisions, indicating its potential as an outperformer in the growth investment space [9].

Core Insights - Zacks Premium provides tools for investors to enhance their stock market engagement and confidence, including daily updates, research reports, and stock screens [1][2] Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum, serving as complementary indicators to the Zacks Rank, helping investors identify securities likely to outperform the market in the short term [2][3] Value Score - The Value Style Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - The Growth Style Score assesses a company's financial strength and future outlook, analyzing projected and historical earnings, sales, and cash flow to find stocks with sustainable growth potential [4] Momentum Score - The Momentum Style Score identifies optimal times to invest based on price trends and earnings outlook changes, utilizing metrics like one-week price change and monthly earnings estimate percentage change [4] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator that evaluates stocks based on value, growth, and momentum characteristics [5] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [6][7] Stock Selection Strategy - To maximize returns, investors should target stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, while stocks with a 3 rank should also have high Style Scores to ensure potential upside [8][9] Company Spotlight: TransDigm Group - TransDigm Group is a leading global designer and supplier of aerospace components, currently holding a 3 (Hold) Zacks Rank with a VGM Score of B [10] - The company is positioned as a growth investment, with a Growth Style Score of B and a projected year-over-year earnings growth of 29.3% for the current fiscal year, supported by upward revisions in earnings estimates [11]

CLEVELAND, Sept. 20, 2024 /PRNewswire/ -- TransDigm Group Incorporated ("TransDigm Group") (NYSE: TDG) today announced that its Board of Directors has authorized and declared a special cash dividend of $75.00 on each outstanding share of common stock and cash dividend equivalent payments on eligible vested options granted under its stock option plans. The record date for the special dividend is October 4, 2024, and the payment date for the dividend is October 18, 2024. TransDigm Group also announced today t ...

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